EY to lead AWI review

EY has been selected by the Department of Agriculture and Water Resources to undertake the independent review of Australian Wool Innovation’s (AWI) performance and governance.

Minister for Agriculture and Water Resources, David Littleproud, welcomed the announcement as the next step forward in this important process.

“AWI is undergoing a review of its performance and governance,” Minister Littleproud said.

“The review will look at AWI’s delivery of its core objectives, such as research, development, extension and marketing services to woolgrowers, as well as additional matters of public interest.

“I anticipate EY to shortly call for written submissions and meet with a range of interested stakeholders, including woolgrower representative organisations. Stakeholders can register their interest in being consulted by emailing awireview@au.ey.com

“The review is expected to be completed by July 2018, with the findings made available before WoolPoll begins on 17 September 2018.

“The process will also enable all parties, including the 42,000 wool levy payers, to consider the findings before they vote in the industry’s WoolPoll.”

WoolPoll provides woolgrowers with an opportunity to set the rate of wool levy and the strategic direction of the industry for the next three-year period.